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DP World and the Maspion Group broke ground on October 2 for the construction of a new container terminal in Gresik, East Java
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The terminal is seen to enhance East Java’s position as a key trade gateway and connect Indonesian enterprises with customers in the region and globally
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The joint venture company, DP World Maspion East Java, will operate the international container terminal with a design capacity of up to 3 million TEUs
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In addition, the JV will develop an integrated industrial and logistics park adjacent to the container terminal, with an initial land area of 110 hectares and scope for future expansion
DP World and the Maspion Group broke ground on October 2 for the construction of a new container terminal in Gresik, East Java.
The terminal will enhance East Java’s position as a key trade gateway and connect Indonesian enterprises with customers in the region and globally, DP World said in a statement.
The joint venture company, DP World Maspion East Java, will operate the international container terminal with a design capacity of up to 3 million twenty-foot equivalent units (TEU). L
As part of DP World’s goal of delivering end-to-end supply chain solutions, the JV will also develop an integrated industrial and logistics park adjacent to the container terminal, with an initial land area of 110 hectares and scope for future expansion.
The logistics service provider and port operator said its strategic partnership with the Indonesian conglomerate underscores its commitment to boost infrastructure and capacity in East Java and facilitate seamless trade in the region.
“We see significant potential in Indonesia as a major hub for global trade, and we hope to unlock further growth in the region through meaningful partnerships and investments that bring opportunities through greater trade connectivity for local businesses and communities,” DP World Group chairman and chief executive officer Sultan Ahmed bin Sulayem said.
He further stated their collaboration with the Maspion Group to construct new facilities in Gresik would enhance East Java’s role as a significant trade and logistics hub. This endeavor aligns with their broader strategy to extend their worldwide ports and logistics network, providing comprehensive solutions to customers and enhancing supply chain resilience.
Maspion Group’s CEO, Dr. Alim Markus, sees this project as proof of how both companies, with government support, can work together to improve East Java’s infrastructure. This aligns with President Joko Widodo’s goal for economic growth under the Indonesia Golden Generation 2045 strategy. Dr. Markus is excited about the project’s prospects and its long-term economic impact.
